【$LAB Signal】4H Bollinger upper band breakout, waiting for a pullback to go long


$LAB RSI 67.4, the 4H Bollinger upper band at 5.66 has been left behind, price surging to 6.018.
Buy order depth ratio is 1.81, funding rate is 0.013% steady, bulls are still actively pushing higher.

🎯Direction: Long (waiting for a pullback to place orders)

⚡Entry/Order: 5.9882 (upper limit of the range, waiting for price to fall back to this level)

🛑Stop loss: 4.1321

🚀Target 1: 6.4495

🚀Target 2: 7.2220

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even.
- If the price falls back into the entry zone, automatically exit to protect capital.

4H consecutive bullish candles, MACD golden cross with increasing volume, open interest shows no divergence, current risk-reward ratio is not optimal but trend is clear, placing orders for a pullback can reduce chasing risk.

Check real-time market 👇 $LAB
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场五月交易分享 #美国4月CPI上涨3.8% $BTC $ETH $SOL
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin